MENZGOLD BOSS, NAM1 GRANTED GH¢500M BAIL, ORDERED TO SURRENDER HIS PASSPORT & REPORT TO POLICE EVERY THURSDAY

His lawyer, Kwame Akuffo, prayed the court to maintain the condition of GH¢5 million with no justification which was the conditions of the bail he was given at the circuit court where the case was previously heard before a nolle prosequi was entered by the state.

The state represented by Deputy Attorney General Alfred Tuah Yeboah did not oppose the bail application but, however, asked for the accused to be made to deposit his passport.

Alfred Tuah Yeboah further urged the court to consider the sum of GH¢1.68 billion involved in the matter.

The judge after considering the application granted bail to the tune of GH¢500 million with four sureties with none to be justified. He has further been directed to report to the CID headquarters every Thursday.